Mcap: Seven out of 10 rated companies gain Rs 140 crore; TCS and Infosys lead the gainers

Mcap: Seven out of 10 rated companies gain Rs 140 crore; TCS and Infosys lead the gainers

The combined market valuation of seven of the top 10 valued companies rose by Rs 1,408,636,660 crore in the holiday-shortened last week, with the benchmark Sensex gaining nearly 1 percent. Tata Consultancy Services and Infosys emerged as the top gainers, in line with an upbeat trend on Dalal Street.

Last week, the BSE benchmark rose 730.93 points, or 0.91 percent, after a strong rally on Friday.

Reliance Industries retained the title of the highest valued company, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, LIC, Hindustan Unilever and ITC.

Tata Consultancy Services (TCS) market capitalization (Mcap) increased by Rs 67,477.33 crore (Rs 1,579,946.44 crore).

Infosys’ valuation increased by Rs 36,746.21 crore to Rs 7,720,234.9 crore.

Bharti Airtel’s Mcap increased by ₹11,727.55 crore to ₹8,451,238.7 crore and ICICI Bank’s Mcap increased by ₹10,913.96 crore to ₹8,361,151.9 crore.

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ITC’s valuation increased by Rs 8,569.73 crore to Rs 6,283,999.10 crore and that of Reliance Industries increased by Rs 5,311.4 crore to Rs 2,000,076.41 crore.

Hindustan Unilever added Rs 117.48 crore, taking its valuation to Rs 645,926.13 crore.

However, the capitalization of Life Insurance Corporation of India (LICI) decreased by Rs 47,943.48 crore to Rs 669,058.26 crore.

HDFC Bank’s valuation fell by Rs 13,064 crore to Rs 12,434,415,300,000 crore and State Bank of India’s valuation fell by Rs 10,486.42 crore to Rs 7,250,801,000,000 crore.

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